Electricity tariff hike: Nigerian govt releases fresh guidelines
The Nigerian Electricity Regulatory Commission, NERC, has rolled out new guidelines on electricity tariff hikes within the country’s electricity supply […]
African Business News
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Marketers dumping NNPCL amid price war with Dangote Refinery – IPMAN
The Independent Petroleum Marketers Association has confirmed that their members are already moving away from the Nigerian National Petroleum Company
Nigeria’s external reserves drop by $1.19bn in 3 weeks
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to the
Senate to report CBN, FIRS, Customs to Tinubu for snubbing summons
The Nigerian Senate has expressed anger over the refusal of some revenue generating agencies to answer queries raised by report
Ban on export of crude oil meant for local refineries a welcome development – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has praised the Federal Government for its decision to ban
NMDPRA goes tough on LPG dealers, seals 19 illegal outlets in Delta
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has sealed 19 illegal Liquified Petroleum Gas, LPG, and category D
Edo: EIRS seeks security agencies partnership for revenue collection
The management of the Edo State Internal Revenue Service, EIRS, has solicited the support of security agencies for the enforcement
Nigerians knock analyst Emmanuel for demarketing Port Harcourt, Warri refineries
A financial analyst, Kelvin Emmanuel, has come under fire from Nigerians on social media for his comments demarketing state-owned Port
Nigerian banks raise N1.7tn in CBN’s recapitalization drive
Nigerian banks have successfully raised N1.7 trillion in the first phase of the Central Bank of Nigeria’s recapitalization drive. The
Trade war: China slams US with 15 per cent tariff on coal, LNG as retaliation against Trump
China on Tuesday, in a retaliatory move, slammed the president Donald Trump-led United States with a 15 percent tariff on
Naira drops against dollar at official window, stable at black market
The Naira fell against the dollar to begin the first trading day in February at the official foreign exchange market.
$200bn required to develop Nigeria’s gas infrastructure – NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI, says the sum of $200 billion is required to be injected into Nigeria’s